Summary: H.R.3921 — 107th Congress (2001-2002)All Information (Except Text)

Bill summaries are authored by CRS.

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Passed House without amendment (04/09/2002)

Acquisition Streamlining Improvement Act - Amends the Clinger-Cohen Act of 1996 to extend until January 1, 2005, the authority to issue solicitations for purchases of commercial items in excess of the simplified acquisition threshold pursuant to the special simplified procedures. Directs the Comptroller General to report to Congress on: (1) the effectiveness of the implementation of the simplified acquisition procedures; (2) the extent to which the time required to award contracts and the associated administrative costs were reduced as a result of such implementation; (3) the extent to which prices under such contracts reflected the best value; and (4) any recommendations for improving the effectiveness of such provisions.